Question: (8) In contrast to the central database, where information is stored in one place. decentralised database allows a sharing of information between different participants in

(8) In contrast to the central database, where information is stored

(8) In contrast to the central database, where information is stored in one place. decentralised database allows a sharing of information between different participants in the system A recent technology of blockchain allows a decentralised database where different participants can continuously update information of business transaction Explain how blockchain technology can improve information system in the business process. 120 marks, word limit 200]

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